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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: tradermike_1999 who started this subject12/15/2000 8:53:19 AM
From: Bid Buster  Read Replies (1) of 74559
 
inflation is alive and well, cpi up .3%..housing starts are still high, energy costs are high...equity prices even though they've fallen are still to high.
not much chance greenspan will lower rates let alone go to a neutral stance...even if he does it's priced in the market already...it won't make any difference anyway, the damage is done..not from his tightening policy..but from his ponzi scheme of pumping liquidity.

batten down the hatches, theres bad weather ahead.
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